Gas Chromatography Market Growth & Trends
The global gas chromatography market size is expected to reach USD 5.90 billion by 2030, registering to grow at a CAGR of 6.5% from 2024 to 2030 according to a new report by Grand View Research, Inc, owing to increasing government investments in chromatography technologies coupled with rising collaborations between chromatography manufacturers and research laboratories.Government in some parts of the world are investing in the chromatography techniques. For instance, Government of Canada has invested into business innovation initiative that is likely to help southern Ontario companies such as Natrix Separations, Inc. for developing new ideas and take their innovations to market. This funding is expected to assist the company in designing a prototype and developing single-use membrane-based chromatography products for large-scale biopharmaceutical manufacturing.
Rising collaborations between chromatography manufacturers and research laboratories are gaining pace in order to develop, evaluate, and validate new methods. For instance, PerkinElmer, Inc., has collaborated with Waters, to get practical and sustainable scientific innovations in order to optimize laboratory operations and to meet regulatory compliance.
The research activities include application areas, such as food and natural product analysis, pharmaceutical analysis, chemistry, petrochemistry, polymer analysis, and environmental analysis. Additionally, Hichrom Limited, a UK-based company collaborated with the chromatographic instrument and column manufacturers, and academic institutes or groups, to provide method development support, chromatographic methodologies troubleshooting, and others.
Gas Chromatography Market Report Highlights
- The accessories & consumables segment held lucrative market share in 2023 and is expected to grow at a significant rate over the forecast period owing to growing demand for GC accessories as they have limited durability and repetitive use.
- The healthcare segment is expected to be the fastest growing segment over the forecast period due to increasing applications of gas chromatography for biopharmaceutical industries such as analysis of volatile and semi-volatile compounds, and identification of amount of chemicals in drugs.
- North America is expected to dominate the gas chromatography market over the forecast period due to increasing Canadian government investment in the market coupled with growing pharmaceutical & biotechnology industries.
- Some of the key players in market are GE Healthcare; Shimadzu Corporation; Thermo Fisher Scientific, Inc.; Agilent Technologies; W. R. Grace & Co.-Conn.; Bio-Rad Laboratories, Inc.; Restek Corporation; PerkinElmer, Inc.; Danaher Corporation; and DANI Instruments S.p.A.
Why should you buy this report?
- Comprehensive Market Analysis: Gain detailed insights into the global market across major regions and segments.
- Competitive Landscape: Explore the market presence of key players worldwide.
- Future Trends: Discover the pivotal trends and drivers shaping the future of the global market.
- Actionable Recommendations: Utilize insights to uncover new revenue streams and guide strategic business decisions.
This report addresses:
- Market intelligence to enable effective decision-making
- Market estimates and forecasts from 2018 to 2030
- Growth opportunities and trend analyses
- Segment and regional revenue forecasts for market assessment
- Competition strategy and market share analysis
- Product innovation listing for you to stay ahead of the curve
- COVID-19's impact and how to sustain in these fast-evolving markets
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Table of Contents
Companies Mentioned
- GE Healthcare
- Shimadzu Corporation
- Thermo Fisher Scientific, Inc.
- Agilent Technologies
- Bio-Rad Laboratories, Inc
- Dani Instruments SPA
- W. R. Grace & Co.-Conn
- Restek Corporation
- Buchi
Methodology
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Table Information
Report Attribute | Details |
---|---|
No. of Pages | 100 |
Published | August 2024 |
Forecast Period | 2023 - 2030 |
Estimated Market Value ( USD | $ 3.82 Billion |
Forecasted Market Value ( USD | $ 5.9 Billion |
Compound Annual Growth Rate | 6.5% |
Regions Covered | Global |
No. of Companies Mentioned | 9 |